← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 947 · 40 questions
TalentJR

Business tip (Save, grow, borrow carefully): Saving keeps money for later; reinvesting puts profit back into the business; spending uses it on yourself. Part of the profit = profit × percent ÷ 100. Simple interest = P × R × T ÷ 100; amount to pay back = loan + interest. Borrow only with your parents.

NameDateTime takenScore ___ / 40
  1. 1.Ishaan’s stall made a profit of ₹600. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.Aarav’s stall made a profit of ₹800. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  3. 3.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  4. 4.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  5. 5.Which of these is spending on yourself? (a) profit put in a bank (b) more seeds for next time (c) sweets for yourself (d) buying a second juicer
  6. 6.Which of these is reinvesting in the business? (a) a new video game (b) more seeds for next time (c) sweets for yourself (d) profit put in a bank
  7. 7.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) giving it away (d) hiding it
  8. 8.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  9. 9.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  10. 10.Kabir’s stall made a profit of ₹400. Kabir saves 20% of it. How many rupees are saved?
  11. 11.Diya’s stall made a profit of ₹800. Diya saves 20% of it. How many rupees are saved?
  12. 12.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  13. 13.Rohan’s stall made a profit of ₹800. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  15. 15.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  16. 16.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  17. 17.Nisha’s stall made a profit of ₹600. Nisha saves 25% of it. How many rupees are saved?
  18. 18.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  19. 19.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  20. 20.🏦 Interest on a loan is… (a) free money (b) a discount (c) the cost of borrowing (d) a gift
  21. 21.Ishaan’s stall made a profit of ₹2000. Ishaan saves 10% of it. How many rupees are saved?
  22. 22.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  23. 23.Which of these is saving? (a) an emergency fund (b) a cinema ticket (c) a new video game (d) better paint for cards
  24. 24.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  25. 25.Rohan’s stall made a profit of ₹700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.Riya’s stall made a profit of ₹600. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  28. 28.Tara’s stall made a profit of ₹1400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) borrow online alone (d) ask strangers
  30. 30.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  31. 31.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) what is the logo? (d) how fast can I spend?
  32. 32.Which of these is spending on yourself? (a) buying a second juicer (b) better paint for cards (c) a piggy bank for later (d) a new video game
  33. 33.Diya’s stall made a profit of ₹1000. Diya saves 20% of it. How many rupees are saved?
  34. 34.Lakshmi’s stall made a profit of ₹1900. Lakshmi saves 10% of it. How many rupees are saved?
  35. 35.Farhan’s stall made a profit of ₹300. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.Joseph’s stall made a profit of ₹2000. Joseph saves 50% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  38. 38.Which of these is reinvesting in the business? (a) a new video game (b) buying a second juicer (c) profit put in a bank (d) sweets for yourself
  39. 39.Tara’s stall made a profit of ₹900. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. 120
  2. 160
  3. 42
  4. 16
  5. sweets for yourself
  6. more seeds for next time
  7. putting profit back in
  8. 90
  9. 102
  10. 80
  11. 160
  12. saving
  13. 400
  14. 832
  15. 40
  16. reinvesting
  17. 150
  18. 63
  19. saving
  20. the cost of borrowing
  21. 200
  22. 36
  23. an emergency fund
  24. 54
  25. 350
  26. 240
  27. 10
  28. 840
  29. talk to parents
  30. spending
  31. can I pay it back?
  32. a new video game
  33. 200
  34. 190
  35. 120
  36. 1000
  37. 16
  38. buying a second juicer
  39. 450
  40. 42

Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids